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Company News

BRIEF-Winpak Ltd Q4 SHR $0.61

Feb 22 (Reuters) - Winpak Ltd:

* WINPAK REPORTS 2017 FOURTH QUARTER RESULTS

* Q4 EARNINGS PER SHARE $0.61

* Q4 REVENUE ROSE 3.1 PERCENT TO $222.3 MILLION

* CAPITAL SPENDING OF $60 TO $70 MILLION IS EXPECTED IN 2018

* ENTERING 2018 CO ANTICIPATES CONTINUED GROWTH IN TERMS OF SALES VOLUMES ALBEIT AT LEVELS LESS THAN REALIZED IN RECENT YEARS

* “CURRENT MARKET SENTIMENT IS THAT THERE WILL PROBABLY BE NO RELIEF IN RESIN PRICES UNTIL SECOND HALF OF 2018” Source text for Eikon: Further company coverage:

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